The $900 senior bonus payment is a scheme launched by the government to provide financial support to lower-income senior citizens. This initiative is taken by the Singapore government to help its senior citizens with either low or no income to help them keep pace with inflation and the rise in costs of living. Many individuals do not have the money to fulfil their basic needs such as food, power, and rent. These payments provide them with financial aid and help them manage their basic expenses. For many citizens, this payment is the main and only source of income.
$900 Senior Bonus Coming for Singapore
The main beneficiries of this payment are those senior citizens who are either retired or about to get retired with very low orno income. To check the key highlights, eligibility criteria, how to claim, benefits, and FAQs, read the given below article. For more detailed information visit the official website of Singapore government.
| Particulars | Highlights |
| Article Name | $900 Senior Bonus Coming for Singapore |
| Providing Authority | Government of Singapore |
| Country | Singapore |
| Payment Amount | $900 |
| Payment Mode | Direct deposit or paper checks |
| Payment Date | February 2025 |
| Category | Financial Aid |
| Official Website | Singapore Government Benefits |
Eligibility Criteria for $900 Senior Bonus
To be able to receive the $900 benefits, an individual must first qualify the eligibility criteria set by the Singapore government which is as follows:
- Age Requirement: To be eligible for the $900 benefit, an applicant must be aged 55 or above.
- Citizenship or Residency: It is mandatory for the individual must be a citizen of Singapore or a permanent resident of Singapore.
- Income Threshold: The scheme is mainly launched to support seniors citizens with low incomes who can’t fulfil their basic needs. The income of the receipient must not be more than the limit set by the government which is approx. $34,000 or less.
- Property Ownership: An individual must not own more than one property. Owning multiple properties or homes may make you ineligible for the $900 senior bonus.
- Annual Value of Home: The annual value of an individual’s home will decide the amount you receive.
- If the annual value of the home is $21,000 or less, the amount received will be $300.
- If the annual value of the home is over $21,000 but not above $25,000, the amount received will be $200.
How to Claim $900 Senior Bonus Coming for Singapore?
Follow the given below steps to claim the $900 senior bonus coming for singapore:
- Link NRIC to PayNow: To receive the payment faster, link your NRIC to PayNow. PayNow is a digital platform fot payments. If you haven’t yet linked your NRIC to PayNow, then do it quickly as the last day for linking is 25 April 2025.
- Log in: The first step after linking your NRIC to PayNow is to log in to the e-service portal using your Singpass.
- Check Eligibility: The next step is to check your eligibility. This is to confirm whether you are eligible for the benefit or not. In this, you have to primarily check your age, residency status, annual value of house, property, and income.
- Update Information: Make sure all your infromation provided is correct and up-to-date. Recheck your bank account and update if needed to avoid further inconvenience.
- Payment Distribution: There is no need to fill out any kind of application form. If you’re eligible for this payment you will directly receive the payment amount into your bank account. The payment will be distributed in April 2025.
Benefits of $900 Senior Bonus
Financial Aid: This initiative is launched by Singapore Government to provide financial aid to those senior citizens who are facing monetary challenges. By receiving this income they will be able to cover their necessary expenses such as food, water, power, and rent. After retirement they may not have an income, this payment will help them live a respectable life in society.
Convenience: There is no need to fill any application form neither online nor offline. This makes the payment distribution simple. The easy to understand eligibility criteria makes the lengthy procedure very simple for senior citizens.
FAQs
What is the distribution date for the payment of $900 for senior citizens?
The payment of $900 for senior citizens will be distributed in April 2025.
Can I receive the payment without linking my NRIC to PayNow?
No, is is important to link your NRIC to PayNow. If you haven’t yet linked your NRIC to PayNow, then do it quickly as the last day for linking is 25 April 2025.
Is the $900 senior bonus taxable?
No, the $900 senior bonus is not taxable. It will not impact your tax assessment.
Can I receive other benefits while receiving senior bonus?
Yes, you can receive any other benefits for which you’re eligible while receiving senior bonus, such as Silver Support Scheme and ComCare.